HighBrook Investors, a West Palm Beach, FL, NYC, Luxembourg- and London, UK-based real estate private equity firm, closed its Fund IV, at $632M.
The investors in Fund IV include a variety of leading endowments, foundations, public pension funds, fund of funds, family offices, consultants and wealth managers. Monument Group acted as the exclusive placement agent for the Fund.
Fund IV continues the investment strategy of its predecessor fund, focusing on deep value and special situations, targeting industrial, residential, and creative office assets. It focuses on select markets in Western Europe, including the Netherlands, Germany and Denmark and may also selectively acquire properties in the US that are consistent with its overall sector themes.
Founded in 2010, HighBrook Investors acquires and actively manages property investments across select markets of Europe and North America which are typically in need of repositioning or restructuring. Its team specializes in recapitalizing properties that are encumbered by complicated structures, and in transactions that typically require speed, flexibility and substantial capital infusions.
On behalf of Fund IV, HighBrook has thus far acquired 80 properties comprised predominantly of urban in-fill, last-mile warehouses.
The firm maintains offices in London, Luxembourg, New York City and West Palm Beach.